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State Whether the Following Statement is True Or False. Metallic Coins Are Easily Portable than Paper Notes. - Economics

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Question

State whether the following statement is true or false. 

Metallic coins are easily portable than paper notes. 

Options

  • True

  • False

MCQ
True or False
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Solution

The above statement is false. Metallic coins are not easily portable because large amounts of metallic coins are difficult and inconvenient to carry and transport from one place to other.  On the other hand, paper notes are easily portable as these notes are light weighted and possess high face value. Hence, it is can be said that paper notes are more easily portable than metallic coins.

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Chapter 11: Money - Exercise 1 [Page 101]

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Micheal Vaz Economics [English] 12 Standard HSC
Chapter 11 Money
Exercise 1 | Q 3.1 | Page 101
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